📅 2025-03-14 — Session: Developed Structured Financial Tracking System
🕒 19:10–19:50
🏷️ Labels: Finance, Accounting, Budgeting, Personal Finance, Debt Tracking
📂 Project: Accounting
⭐ Priority: MEDIUM
Session Goal
The session aimed to develop a comprehensive framework for tracking personal finances, including income, expenses, liabilities, and net wealth, through a structured accounting system.
Key Activities
- Created a holistic financial view template for tracking income, expenses, debts, and net wealth.
- Proposed a refined system for tracking internal money transfers, emphasizing the differentiation between actual income and account movements.
- Developed a structured approach to liabilities tracking, focusing on debt stock and debt flow.
- Outlined a workflow for calculating net balance changes for accounts, ensuring accurate internal transaction accounting.
- Provided guidance on handling cash and Mercado Pago transactions to avoid double-counting.
- Established rules for consistent financial tracking across multiple accounts.
Achievements
- Developed templates and guides for a structured financial tracking system.
- Improved clarity and accuracy in financial management practices.
Pending Tasks
- Implementation of the proposed systems and templates.
- Visualization of financial data through diagrams as suggested.